Coldplay's Indonesia Concert Wraps Up with a $77 Million Economic Impact

Coldplay's Indonesia Concert Wraps Up with a $77 Million Economic Impact

Coldplay recently held a concert in Indonesia, which was their first performance in the country on Wednesday (11/15/2023). The concert of this legendary music group is estimated to contribute 2.8 million US dollars (IDR 45 billion) to the DKI Jakarta regional government through local taxes. 

The Ministry of Tourism and Creative Economy (Kemenparekraf) even predicts that the Coldplay concert will have a positive impact on the national economy, with a potential turnover of US$77 million (Rp1.2T).

The funds are estimated to be distributed to various sectors, including MSMEs engaged in souvenir sales, the transportation sector, and the accommodation sector around Gelora Bung Karno (GBK) and surrounding areas, with occupancy rates reaching 100 percent.

In addition, Coldplay also prepared a garbage cleaning ship named Neon Moon II as part of its support for the issue of environmental degradation. This ship was handed over to The Ocean Cleanup, a non-profit organization that focuses on environmental conservation. The collaboration between Coldplay and The Ocean Cleanup began in 2018 when Coldplay became the sponsor of the Interceptor 005.

The choice of the Cisadane River as the location for Neon Moon II was based on its reputation as a dumping ground, and has even been in the international media spotlight for its bad image.
On the other hand, Coldplay's presence in Indonesia is not only to perform music concerts and entertain their Indonesian fans but also to carry out a humanitarian mission. Coldplay has firmly stated its stance against terrorism, oppression, and colonization.

It is known that Coldplay's concert in Jakarta attracted more than 70 thousand spectators. The concert titled "Music of the Spheres World Tour" was held at the Gelora Bung Karno Stadium in Jakarta.

As the organizer of the Coldplay concert, PK Entertainment sold tickets on May 19, 2023, with the pre-sale period lasting for two days, on May 17 and 18, 2023. As expected, the tickets were sold out within a few hours.

The most expensive ticket was priced at Rp 11 million, while the cheapest ticket was priced at Rp 800,000. Please note that the price list does not include taxes, which will be paid by the audience. In the announcement, the Coldplay concert included a local tax rate of 15% and a service charge of 5%.

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